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Impellam Group (LSE:IPEL) Receivables Turnover : 1.71 (As of Jun. 2023)


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What is Impellam Group Receivables Turnover?

The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. Impellam Group's Revenue for the six months ended in Jun. 2023 was £1,028 Mil. Impellam Group's average Accounts Receivable for the six months ended in Jun. 2023 was £602 Mil. Hence, Impellam Group's Receivables Turnover for the six months ended in Jun. 2023 was 1.71.


Impellam Group Receivables Turnover Historical Data

The historical data trend for Impellam Group's Receivables Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Impellam Group Receivables Turnover Chart

Impellam Group Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.83 4.51 3.97 3.05 3.55

Impellam Group Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.90 0.94 1.47 1.58 1.71

Competitive Comparison of Impellam Group's Receivables Turnover

For the Staffing & Employment Services subindustry, Impellam Group's Receivables Turnover, along with its competitors' market caps and Receivables Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Impellam Group's Receivables Turnover Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Impellam Group's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Impellam Group's Receivables Turnover falls into.



Impellam Group Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

Impellam Group's Receivables Turnover for the fiscal year that ended in Dec. 2022 is calculated as

Receivables Turnover (A: Dec. 2022 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2022 ) / ((Accounts Receivable (A: Dec. 2021 ) + Accounts Receivable (A: Dec. 2022 )) / count )
=1947.4 / ((539.2 + 558.6) / 2 )
=1947.4 / 548.9
=3.55

Impellam Group's Receivables Turnover for the quarter that ended in Jun. 2023 is calculated as

Receivables Turnover (Q: Jun. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Jun. 2023 ) / ((Accounts Receivable (Q: Dec. 2022 ) + Accounts Receivable (Q: Jun. 2023 )) / count )
=1028.1 / ((558.6 + 645.7) / 2 )
=1028.1 / 602.15
=1.71

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Impellam Group  (LSE:IPEL) Receivables Turnover Explanation

An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.


Impellam Group Receivables Turnover Related Terms

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Impellam Group (LSE:IPEL) Business Description

Traded in Other Exchanges
Address
800 The Boulevard, Capability Green, Luton, Bedfordshire, GBR, LU1 3BA
Impellam Group PLC provides managed and specialist staffing services. The company operates in four segments namely Global Managed Services, STEM, Regional Specialist Staffing and Healthcare. Some of its Brands are Guidant Global, Comensura, SRG, Lorien, Carbon60, Blue Arrow, Tate, and Coestaff. Its geographical segments are the United Kingdom, Europe, North America, and Australasia.

Impellam Group (LSE:IPEL) Headlines

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